Joint & Separate Account

[Downloader 199]

Good Afternoon Friends,

 

I'm about to send my i-751 package and have a doubt, my wife and I have a joint bank account from where we pay the mortgage, insurances, kid's school and daily expenses, we also have debit cards for this account. Her paycheck from our small business goes to this account(she makes more money than me ). I have an account in my name only that I opened few moths before marriage and we decided to keep as this was my first account in USA and linked to my credit report. I deposit my paycheck from our small business (we work together) on this account and use it to pay cellphones, cable, internet, one of the cars and grocery from time to time. This account in under my name only, so the questions is:

 

Would it be a good idea just to send the statements (1 for every 3 months) for the joint account only or it would be good to send also the statements for the other account and explain the reason for having it and what we use it for?

 

I'm also sending the refinance closing statement for our home, in under my wife's name only since she had it long time ago but me as her husband had to sign as co-borrower so for me this is a good document to show shared liabilities, what's your opinion?

 

Thank you in advance and good luck in your journey!

 

 

 

Edited April 23, 2018 by Downloader

[Downloader 199]

Anyone??

[Villanelle 4,122]

You need to send proof of co-mingling finances. Everyone has a different financial situation. You need to explain your situation and send appropriate proof. So I would send all accounts you have (joint or separate) and an explanation of how you pay all your bills from both accounts.

[milimelo 4,498]

I had (and still do) both joint and individual accounts and sent statements from both. Highlighted transfers to joint account and payments of bills from individual account. 

[Downloader 199]

Thank you for your answers, in my case I deposit my paycheck on the separate account and from there pay cellphones, internet, cable, one of the cars and some groceries from time to time, no transfers between accounts as by the time I paid all money is gone. lol.

Of course, I intend tho explain that this account was kept for credit history purposes.

 

If they take the time then the adjudicator would see that all the transactions make sense as some times we even use one account or another to buy groceries at the same store.

I'm asking about it basically because if the joint account is the one they are looking for I don't want to distract them and create further questioning on the additional account which although legitimate can put a picky adjudicator into detective mode even for no reason.

 

Opinions?

 

Thank in advance

[Villanelle 4,122]

Providing your separate account is not distracting. Omitting it could work against you. It can be viewed as you trying to hide something. And you have nothing to hide. The separate account pays for joint expenses so you should show it.

[Downloader 199]

Great, those were my original thoughts.